India: Weavers to benefit with the proposed textile park in Maharashtra

Market News

India: Weavers to benefit with the proposed textile park in Maharashtra

Maharashtra government is planning to set up an integrated textile park, a common facility centre for handlooms and powerlooms, which would open employment avenues for nearly 5,000 weavers here. The government has initiated necessary formalities to table a formal proposal before a ministerial group in the state for launching the first phase, where 2,500 spindle units, 1,000 powerlooms, 300 handlooms and 50 units of readymade garments would be set up here, said Nagpur MP Vilas Muttemwar.

"The Centre is willing to extend all possible help to the weavers who are in distress, to earn livelihood. Union Textile Ministry has drawn up an ambitious plan and accordingly the Centre has agreed to share 50 % financial burden of Rs 15,000 for each powerloom unit," Muttemwar said. The state government was requested to provide Rs 10,000 for upgradation of each powerloom unit and efforts are on to get an approval for bank loan, he said. Necessary proposal for powerloom weavers from Nagpur and Malegaon worth Rs 1570 mln will also come up before the ministerial group, said Muttemwar, who took up the issue with the textile minister in Mumbai last week.

He said the Integrated Textile Park will come up at sprawling 20 acres land of defunct Nagpur Sahakari Soot Girni (co-op spinning mills) on Nagpur-Umrer road which the state government has acquired. Besides this, the Union Textile Ministry has allocated Rs 100 mln for a Powerloom Service Centre in Nagpur. Muttemwar has suggested the state textile department to give the premises of Maharashtra Handloom Corporation here on a nominal lease for the purpose.